12.15 pm : IQGroup down 6% at 1.65 now ...now, if you chased up 1.88 and shot up RM2 above, then, u know it is a trap by now. Too late? Well ... you must be naïve or new to market not to understand distributions.

That day, it went up a lot ... with huge volume. Simple rule is NEVER to chase if u so-called miss the boat. Not easy as it requires DISCIPLINE ... of coz, if you are experienced trader, you may be able to catch it ... and sell at RM2

But ...sell is a MUST for traders. cut-loss if you got it all wrong.

You see, many still caught and stuck up there ...RM2.50 ... RM3 ... RM3.50 ... RM4 or even higher. Unless one is an INVESTOR and believe in the strong fundamentals of the company (any companies, indeed) ... you SHOULD be glad to average it down and keep for recovery. A good fundamental company SHOULD recover ... a matter of time.

Ok ...lunch time.

TEH